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Re: thepotstockpicker post# 18139

Monday, 02/22/2016 6:16:50 PM

Monday, February 22, 2016 6:16:50 PM

Post# of 32302
agree great news on CEO taking shares as salary,this shows his confidence on VAPE future...from 10 Q ....In addition, the Company will issue to Mr. Braune 20,000,000 shares of the Company’s common stock, to be held in escrow and released by the Company to Mr. Braune in accordance with the following vesting schedule: (i) 5,000,000 shares shall vest on June 10, 2015, (ii) 5,000,000 shares shall vest on December 10, 2016, (iii) 5,000,000 shares shall vest on June 10, 2016, and (iv) 5,000,000 shares shall vest on December 10, 2016. Mr. Braune also is eligible to participate in any stock option plan maintained by the Company and available to other employees and standard benefit programs for similarly situated employees. The Employment Agreement continues until terminated by either party upon 30 days’ prior written notice. The grant date fair value was $100,000, which will be charged to operations evenly over the vesting period. The shares are considered issued and outstanding.

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